I was also of the impression that current NOTC-price was not something to consider when valuating the company. However - last capital raise did just that. The company was valued at a wheighted average of last period of trading.
Of course, raising capital is something different then asessing fair value in a sales-process. But my experience is that share-price is not irrelevant in such valuation.
In order to get fair valuation I think we need to see more mature products then current CrayoLED. Somhow they need to make a case for the inherent potential of the patent portfolio. I think valuation based on the current “state of the union” will be a slapdash to those of us taking a seat in the last couple of capital raises. I’ve got patience to see the materializing of next gen tech.
